Turnover: 1.7 billion EUR (2022)

Country: France

Club Med SAS, commonly known as Club Med and formerly Club Méditerranée SA, is a private company based in France that specializes in high-end all-inclusive vacations.

The company is primarily owned by the Fosun Group and wholly owns or operates more than seventy high-end all-inclusive resorts in resorts around the world.

In February 2015, Gaillon Invest II of Fosun International Ltd. and the Silverfern Group finalized the acquisition of Club Méditerranée S.A. for a final sale price of 939 million euros ($1.07 billion).

News

Club Med completes 20-year journey upmarket 28/03/2024

  • - Business volume: almost 2 billion euros
  • - Increase in business volume: 17% compared to 2022 (1.7 billion euros)
  • - Business volume increase in Asia: 96%, back to 2019 level
  • - Number of customers welcomed during the year: 1.5 million
  • - Increase in number of customers: 16% compared with 2022
  • - Increase in resort capacity: 6%
  • - Net income: 99 million euros, including 40 million euros in non-recurring items.

Club Med: China's Fosun wants to open up the capital 23/09/2023

  • Fosun took control of Club Med eight years ago.
  • The current plan is to sell 20-30% of the group's capital.
  • The valuation of Club Med could reach around 2 billion euros, with Fosun remaining Club Med's majority shareholder.
  • For the year 2022, business volume has reached 1.7 billion for an operating profit of 98 million.
  • Club Med already has 66 resorts and plans to open a further 17 by 2025.

Club Med turns the corner 31/03/2023

  • - Sales 2022: 1.7 billion euros - Operating income 2022: 98 million euros
  • - Revenues in France 2022: 662 million euros, +6% vs. pre-Covid period
  • - Revenues in Europe 2022: +4% vs. pre-Covid period
  • - Price increases: +20
  • - Recovery in the Americas: +33
  • - Brazil 5th largest Club Med market:
  • - Delay in Asia: -48% compared to 2019
  • - Number of new resorts planned by 2025: 17

club Med focuses on the mountains 09/12/2022

  • Club Med Val-d'Isère to open in December 2021
  • 130 million invested in this complex at the foot of the slopes, with capacity for 800 guests
  • 4,000 sensors installed to reduce energy consumption

Club Med reaps the rewards of its move upmarket 17/09/2022

  • Sales for the first half of 2022 tripled compared with the same period in 2021
  • Only 10% down on 2019
  • Europe-Africa back to pre-pandemic levels
  • The Americas are well ahead (+22%)
  • Only Asia is down 95% of sites are now premium or luxury

Financial Data

DUNS: 572185684

Legal Name: CLUB MED

Address: 11 RUE DE CAMBRAI , 75019 PARIS 19

Number of employees: Entre 2 000 et 4 999 salariés (2021)

Capital: 149 704 804 EUR


Financial Data:

Year 2022 2021 2020 2019 2018
Turnover 1 123 000 000 546 000 000 454 000 000 1 043 000 000 1 226 000 000
Gross margin (€) 662 000 000 300 000 000 276 000 000 630 000 000 668 000 000
EBITDA (€) 107 000 000 -109 000 000 -121 000 000 96 000 000 64 000 000
Operating profit (€) 83 000 000 -140 000 000 -165 000 000 51 000 000 16 000 000
Net profit (€) 218 000 000 -279 000 000 -221 000 000 4 000 000 -36 000 000
Turnover growth rate (%) 105,7 20,3 -56,5 -14,9 -
Ebitda margin rate (%) 9,5 -20 -26,7 9,2 5,2
Operating margin rate (%) 7,4 -25,6 -36,3 4,9 1,3
Working Capital (turnover days) 45,2 72,2 134,3 29,1 26,2
Working Capital requirements (turnover days) -67,9 -141,7 -142,3 -45,8 -33,3
Net margin (%) 19,4 -51,1 -48,7 0,4 -2,9
Added value / Turnover (%) 26,8 0,7 4,2 29,7 25,2
Wages and social charges (€) 197 000 000 152 000 000 140 000 000 200 000 000 229 000 000
Salaries / Turnover (%) 17,5 27,8 30,8 19,2 18,7

Company Managers:

Position First Name Last Name Age Linkedin
Président Henri Giscard D'estaing 67
Directeur général Michel Wolfovski 67

Studies mentioning this company

The vacation village market - France

Other companies mentioned:

  • Pierre et Vacances - Center Parcs
  • Center Parcs (Pierre et Vacanses)
  • ClubMed
  • Belambra Clubs
  • Azureva
  • Villages clubs du soleil
  • Ternelia
  • Village Vacances France (VVF)
  • Cap France
The corporate seminar market - France

Other companies mentioned:

  • GL Events
  • Pierre et Vacances - Center Parcs
  • ClubMed
  • Séminaire.com
  • BCD Travel France
  • Séminaires Business Event
  • Chateauform'
  • Agence Lully
  • Capdel (Hopscotch Groupe)
  • American Express - business travel
  • Egencia France
  • Rêvez d'ailleurs
  • Séminaire Collection
  • Hephata
  • Comet Meetings
  • Collock
  • Almedia
  • Homanie
The holiday village market - Italy

Other companies mentioned:

  • ClubMed
  • Alpitour
  • IGV Club
  • Golfo del Sole
  • Robinson Club Italia
  • Villaggio turistico internazionale
  • Medonoratico- Paraduresort
  • Forte Village- Progetto Esemalda

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